Villich News
The Guardian - 27-Feb-2014

Texan financier's former deputy tells how bankers planned real estate transactions to revalue $64m in property at $3.2bn Allen Stanford used fake accounting to prop up his offshore bank in its waning days as withdrawal requests from investors poured in, Stanford's former top deputy has said. Faced with a worrying number of withdrawals in 2008, Stanford came up with a plan to make a $600m (£380m)...

The Guardian - 24-Feb-2014

He brought freedom - and corruption - to Antigua By the mid-1980s, Antigua had become the scandal of the region as tales of corruption, arms and drug smuggling, family squabbles and womanising crippled Bird's government. He allowed two of his five sons to run the country, but fought with them as they vied for the succession and rejected their attempts to force him into retirement. When he finally stepped...

The Guardian - 24-Feb-2014

The BBC is to pay £50,000 libel damages to the prime minister of Antigua and Barbuda over news items suggesting he had expropriated "enormous" sums of money from his country's health care funds and spent it on parties. A high court judge heard today that Radio 4's highly respected Today programme and the World Service both ran stories in July alleging Lester Bird took more than $200m...

The Guardian - 26-Jul-2013

Go develop yourselves'." The British high commissioner to Jamaica, David Fitton, said in a radio interview on Wednesday the Mau Mau case was not meant to be a precedent and that his government opposed reparations for slavery. "We don't think the issue of reparations is the right way to address these issues," Fitton said. "It's not the right way to address an historical problem." In 2007, marking the...

The Guardian - 07-Mar-2012

m hoping for the best," Stanford's 84-year-old father, James, told the Houston Chronicle as he waited for the verdict. "We support him 100%. In fact, 150%." During the trial prosecutors argued that Stanford used his clients' money to fuel his "lavish lifestyle and his loser companies" in a massive Ponzi scheme that spanned two decades. Stanford, they argued, conned investors into buying certificates...

The Guardian - 23-Dec-2011

ve found by a preponderance of the evidence Stanford is competent to stand trial," said judge David Hittner in Houston. He is accused of defrauding investors in his Antigua-based Stanford International Bank. Once one of the most influential men in cricket, known as "Sir Allen" after being knighted, he has been in prison since his arrest in 2009, on the grounds he would otherwise try to flee justice....

The Guardian - 17-Dec-2011

s Morriston hospital, where his wife had worked. His life-support was turned off a week later. The couple were buried in the grounds of St John the Evangelist church , Cilybebyll. Two weeks after killing, the British couple, Howell and Martin, nicknamed Sample Dan and Demon, murdered 43-year-old Woneta Anderson at her Morning Glory Sunshine shop on Antigua. They shot her dead at close range and ran...

The Guardian - 28-Jul-2011

aim was to shoot honeymoon couple first, with robbery the secondary intention On 12 July 2008, Ben and Catherine Mullany shared a "truly perfect day" as they were married in front of family and friends at St John the Evangelist church, in Cilybebyll, south Wales. Just over a month later they were buried in the grounds of the same church after falling victim to the violent crime that belies Antigua's...

The Guardian - 28-Jul-2011

s west coast. 14-16 July The Mullanys reportedly have a relaxing time in Antigua, going on a tour of the island as well as enjoying the beaches and warm weather. However, other holidaymakers staying at the resort report that the couple were keen to return home to south Wales. There is one report of Mr Mullany being anxious after witnessing a fracas between two men involving a machete on a beach. 26...

The Guardian - 28-Jul-2011

s killers Two men have been convicted of the murder of a British honeymoon couple on the holiday island of Antigua. Ben and Catherine Mullany were shot in the back of the head during a dawn raid at their chalet in the five-star Cocos Hotel in 2008. Their parents spoke of their relief after Kaniel Martin, 23, and Avie Howell, 20, were found guilty after a two-month trial. The families said: "There is...

The Guardian - 03-Jun-2011

s mother and father, Marilyn and Cynlais, and Catherine's parents David and Rachel Bowen, listened intently as a hotel security guard Brinsley Barrie told how the resort's gate could be opened with a simple "hard push". Relatives sat with heads bowed as Barrie told the court there had been no padlock on the wooden gate that day – just a bolt and a "piece of iron". Asked if someone could have climbed...

The Guardian - 02-Jun-2011

t understand what he was saying," she said. He was moving slightly and had a large swelling on the back of his bloodied head. There was more blood on his pillow, the court was told. "We placed a collar around his neck and we also placed him on a board to support his back," Ephraim said. Once immobilised, Ben Mullany was taken to Holberton hospital. "When we got into the ambulance he became very restless,"...

The Guardian - 21-Dec-2010

s February 17 announcement of March 12 as the date for parliamentary elections was almost immediately overshadowed by an announcement by the Securities and Exchange Commission of action being taken against U.S.-Antiguan citizen Sir Allen Stanford for "massive, on-going fraud." In the run-up to these announcements, election violence involving the fire bombing of opposition offices had escalated the...

The Guardian - 21-Dec-2010

s ear concerning his significant new tourism and property investments in Antigua and plans for his Caribbean Star and Caribbean Sun airlines. Also present that morning was Barbados PM Arthur, who pulled the Ambassador aside to express his view that President Bush needs to lay out an innovative, ambitious energy strategy to serve as an example to the hemisphere. The breakfast was an attempt by legendary...

The Guardian - 14-Dec-2010

s banking group US regulators have widened their investigation into the alleged fraud at Allen Stanford's banking group, and are now looking at brokers who worked with the bank as well as the bank's top executives. The Financial Times reported this morning that the Securities and Exchange Commission had notified several brokers, as well as the head of Stanford International Bank's brokerage operations,...

The Guardian - 01-Dec-2010

the end of history' unless action is taken to stop sea levels rising Every country in the Caribbean faces huge economic losses caused by rising sea levels over the coming decades, losing hospitals, airports, power plants, multi-million dollar tourism resorts, roads, bridges and farmland, according to a UN report. Diplomats from the 43 Caribbean, African and Pacific nations grouped as Aosis (Alliance...

The Guardian - 01-Oct-2010

s ex-lover, he fired the shots that set off the Profumo affair On a clear December morning in 1962, Johnny Edgecombe , who has died aged 77, fired six shots at the central London mews flat where his ex-lover Christine Keeler was staying. In doing so, he set off a chain of events that altered not just his life, but British history. The resulting Profumo affair heralded the fall of Harold Macmillan's...


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